KajuFusion

GBPUSD Bearish, Short Short Short

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD
1DTF

The market took a turn this week. The main news came from Ukraine-Russia. We hope peace will be restored soon.

Observation:
Look for the opportunity to Short
KAJU X: Bear since 23Feb
KAJU FUSION: Bear since 24Feb

RSI oversold on 24Feb but not on 25Feb (retracement to ema3)
MA100,MA50,MA20,EMA10 are close to each other and act as the current Resistance.
Strong Support: 1.31601-1.32125
Watch NATO, USA news for Trend updates

Trade Idea
Sell: 1.35074 - 1.35351
TP1: 1.34074
TP2: Let Profit Run
SL: 1.36351

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